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Vattenfall tries to penetrate the Franch market with big investement



  

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Saturday, 04 June 2011
The state energy company Vattenfall will invest up to nine billion Swedish Kronors in French hydro.
By acquiring "significant" holdings in France energy mainly in hydro concessions at the end of the year, the company hopes to gain a foothold in the French energy market.

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According to statement from the company, France is one of it's growth markets.
"The establishment in France highlights Vattenfall's position as a leading European energy company", says CEO �ystein L�seth in the press release.
By Scancomark.se Team


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